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goodriskreward long long-term oil Less Tags Show All Tags
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BCO HS formation completing - Await confirmation!
BCOUSD
, 240
Long
BCOUSD: BCO HS formation completing - Await confirmation!

There is a head shoulder formation about to complete on the 4h chart. Very powerful and momentum is confirming the strong move we expect. After a long downturn, oil is fundamentally expected to rally again into the new year. Expecting price at USD 65 by Christmas. Nice long term trade. Big, slow movement, so no need to risk your entire account on this. Great...

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